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Consider the Following to Answer the Question(s) Below

Question 1

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Consider the following to answer the question(s) below:
A small independent organic food store offers a variety of specialty coffees. To determine whether price has an impact on sales, the managers kept track of how many kilograms of each variety of coffee were sold last month. The data, scatterplot and summary statistics are shown below.
Consider the following to answer the question(s)  below: A small independent organic food store offers a variety of specialty coffees. To determine whether price has an impact on sales, the managers kept track of how many kilograms of each variety of coffee were sold last month. The data, scatterplot and summary statistics are shown below.      -The slope of the estimated regression line that relates the response variable (monthly sales)  to the predictor variable (price per kilogram)  is A)  95.47 B)  0.858 C)  -4.684 D)  -0.858 E)  -8.999 Consider the following to answer the question(s)  below: A small independent organic food store offers a variety of specialty coffees. To determine whether price has an impact on sales, the managers kept track of how many kilograms of each variety of coffee were sold last month. The data, scatterplot and summary statistics are shown below.      -The slope of the estimated regression line that relates the response variable (monthly sales)  to the predictor variable (price per kilogram)  is A)  95.47 B)  0.858 C)  -4.684 D)  -0.858 E)  -8.999
-The slope of the estimated regression line that relates the response variable (monthly sales) to the predictor variable (price per kilogram) is


A) 95.47
B) 0.858
C) -4.684
D) -0.858
E) -8.999

Correct Answer:

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